ARTICLE

Historic Iowa home available for $1 -- but there's a catch

Buyers would have to pay more than $300,000 to relocate historic home

The Egloff House at 655 Seventh St. NE in Mason City. (image via GlobGazette.com)

Associated Press

Those interested in buying Mason City's historic Egloff House can get it at a steal for $1. But city officials say it will cost at least $300,000 to dismantle, move and repair the flood-damaged house.

The house, built in 1939 by Dr. William C. and Margaret Egloff, was damaged in the June 2008 flooding.

Last year, the city bought it for $314,000 through a government buyout program and has been trying to find ways of saving it ever since.

The Mason City Globe Gazette reports that a study team consisting of house movers, an architect, structural engineer, architectural historian and a contractor recently determined the house can be moved.But to do that, the family room and garage would need to be detached from the main structure..

Associated Press

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